Tuesday, March 24, 2009
Wednesday, March 11, 2009
Thursday, March 5, 2009
Wednesday, March 4, 2009
Tuesday, March 3, 2009
Monday, March 2, 2009
Real Estate Get Rich Seminars: Caveat Emptor!!
Good Morning Folks!
Caveat Emptor!!
Recently, many of my clients have been asking my opinion of one or more recent ads they encountered regarding real estate investment seminars that are being offered to the public...,
In a nutshell, I first advise them to I N V E S T I G A T E, that is, do DUE DILIGENCE!!
I will blog various responses to specific offerings as time goes on but, first, BEFORE rushing to judgement about the merits of one or more of these offerings, I would like to ask you all to first start by contemplating the following excerpt from Wikipedia, the free encyclopedia:
"A get-rich-quick scheme is a plan to acquire high rates of return for a small investment. Most such schemes promise that participants can obtain this high rate of return with little risk.
Most get-rich-quick schemes also promise that little skill, effort, or time is required. They often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised on the Internet through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme.
It is clearly possible to get rich quickly if one is prepared to accept very high levels of risk — this is the premise of the gambling industry. However, gambling offers the near-certainty of completely losing the original stake over the long term, even if it offers regular wins along the way. Economic theory states that risk-free opportunities for profit are not stable, because they will quickly be exploited by arbitrageurs. Nevertheless, many people long for wealth, and find these schemes appealing..."
The very last sentence here captures the basic reason for the recent proliferation of these ads, and as the economy worsens, you will encounter more and more of them, some of them very creative, and some of them even offering you to coach others seeking wealth (when you yourself are in pursuit of some of this wealth!!) The rationale is that you can become wealthy by "coaching" others to become wealthy!!
Wow! Did you ever imagine "coaching" to be such a potentially lucrative and simple field to master?
The empirical evidence in the field of coaching belies this, and those who have any insight into the field of human behavior management (for example, true coaching of one form or the other) understand that this idea of lucrative and simple coaching is foolhardy and lack any evidence in the world of real coaching! Yet, many members of the public are pursuaded to pay good money up front for this type of seminar which promises big big money later!!!!
Again "caveat emptor"!
This is the beginning of your FREE coaching from me..... More later!
To further explore the merits of various real estate seminars and other real estate related issues, return to this blog from time to time, or contact me right away for ANY info your heart may desire!!
Your real estate coach!
Oliver Teekah, M.A.
Real Estate Broker
Mortgage Broker
416 566 7653
www.HotPropertyBuy.com
www.RockBottomMortgageRates.com
Caveat Emptor!!
Recently, many of my clients have been asking my opinion of one or more recent ads they encountered regarding real estate investment seminars that are being offered to the public...,
In a nutshell, I first advise them to I N V E S T I G A T E, that is, do DUE DILIGENCE!!
I will blog various responses to specific offerings as time goes on but, first, BEFORE rushing to judgement about the merits of one or more of these offerings, I would like to ask you all to first start by contemplating the following excerpt from Wikipedia, the free encyclopedia:
"A get-rich-quick scheme is a plan to acquire high rates of return for a small investment. Most such schemes promise that participants can obtain this high rate of return with little risk.
Most get-rich-quick schemes also promise that little skill, effort, or time is required. They often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised on the Internet through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme.
It is clearly possible to get rich quickly if one is prepared to accept very high levels of risk — this is the premise of the gambling industry. However, gambling offers the near-certainty of completely losing the original stake over the long term, even if it offers regular wins along the way. Economic theory states that risk-free opportunities for profit are not stable, because they will quickly be exploited by arbitrageurs. Nevertheless, many people long for wealth, and find these schemes appealing..."
The very last sentence here captures the basic reason for the recent proliferation of these ads, and as the economy worsens, you will encounter more and more of them, some of them very creative, and some of them even offering you to coach others seeking wealth (when you yourself are in pursuit of some of this wealth!!) The rationale is that you can become wealthy by "coaching" others to become wealthy!!
Wow! Did you ever imagine "coaching" to be such a potentially lucrative and simple field to master?
The empirical evidence in the field of coaching belies this, and those who have any insight into the field of human behavior management (for example, true coaching of one form or the other) understand that this idea of lucrative and simple coaching is foolhardy and lack any evidence in the world of real coaching! Yet, many members of the public are pursuaded to pay good money up front for this type of seminar which promises big big money later!!!!
Again "caveat emptor"!
This is the beginning of your FREE coaching from me..... More later!
To further explore the merits of various real estate seminars and other real estate related issues, return to this blog from time to time, or contact me right away for ANY info your heart may desire!!
Your real estate coach!
Oliver Teekah, M.A.
Real Estate Broker
Mortgage Broker
416 566 7653
www.HotPropertyBuy.com
www.RockBottomMortgageRates.com
Subscribe to:
Posts (Atom)
